Why is Bonlon Industrie falling/rising?

As of 17-Nov, Bonlon Industries Ltd is experiencing a decline in its stock price, currently at Rs 44.10, which reflects a decrease of Rs 7.89 or 15.18%. The stock has underperformed significantly today, opening with a loss of 11.96% and reaching an intraday low of Rs 42.66, a drop of 17.95%. Over the past week, the stock has decreased by 6.92%, and over the past month, it has fallen by 21.14%. Despite a strong year-to-date performance of 23.84% and a one-year return of 31.48%, the recent downturn is notable. The company has a low debt-to-equity ratio of 0.27, and its operating profit has shown healthy growth, but these positive factors seem overshadowed by the current negative price movement and the stock's underperformance against its sector.
In the broader market context, Bonlon Industries' recent performance contrasts sharply with the benchmark, as the Sensex has increased by 1.69% over the past week and 1.19% over the past month. This indicates that while the company has shown strong long-term growth, its short-term performance is lagging behind the market. The rising investor participation, with a significant increase in delivery volume, suggests some underlying interest, but the stock's current liquidity and moving averages indicate a challenging trading environment. Overall, the combination of recent price declines and underperformance against the benchmark contributes to the perception of the stock's weakness in the short term.